WT Microelectronics Announced Financial Results for the First Quarter of 2024
WT Microelectronics (3036 TT) (“WT”) held its online investor conference today to update on the financial results of the first quarter of 2024 and provide business outlook. Unaudited consolidated revenue for the first quarter of 2024 was approximately NT$192.6bn (US$6.13bn), up 2% quarter-on-quarter and 60% year-on-year. Operating profit was approximately NT$2,611mn (US$83.1mn), up 36% quarter-on-quarter and 32% year-on-year. Net profit after tax attributable to owners of the parent was approximately NT$1,590mn (US$50.6mn), and EPS was approximately NT$1.57 based on the weighted average outstanding shares.
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